MicroBilt Tapped to Resell Fair Isaac's FICO Expansion Score

    Business Editors/Banking Writers

    MINNEAPOLIS--(BUSINESS WIRE)--Feb. 10, 2005--Fair Isaac Corporation (NYSE:FIC), pioneer of the FICO(R) credit score used by most lenders to evaluate consumer credit risk, today announced that MicroBilt Corporation, an information provider that helps banks and businesses reduce risk, will become the first reseller of Fair Isaac's FICO(R) Expansion(TM) score to the financial services industry.
    FICO Expansion score taps non-traditional sources of consumer data to help lenders assess credit risk for the estimated 50 million U.S. adults who cannot receive a traditional FICO score because they have little or no credit history on file at traditional credit bureaus.
    "By adding Fair Isaac's new score to our decisioning applications, MicroBilt will help lenders confidently expand into the credit-underserved market," said Ken Hill, president of MicroBilt. "The FICO brand is widely respected throughout the financial services industry, and we're pleased to be the first to add Fair Isaac's newest, innovative score to our product line."
    "MicroBilt is well positioned to help lenders and other businesses easily access the FICO Expansion score and open up the credit-underserved market," said Lisa Nelson, vice president of Fair Isaac Credit Services, Inc. "FICO Expansion score is the only credit risk score developed for serving this population that carries the FICO reputation for quality and predictiveness. Providing access to our score through value-add resellers such as MicroBilt should accelerate lenders' ability to bring better credit offers to millions of consumers who have little or no credit history."
    While an estimated 160 million Americans have documented credit histories adequate for calculating classic FICO credit scores, an estimated 50 million consumers do not. Lenders in the mortgage, payment card, retail, telecommunications and related industries have begun using FICO Expansion scores to better control their risk when extending credit opportunities to these consumers. Lenders also can easily integrate this score into existing decision systems.

    About MicroBilt Corporation

    MicroBilt, a division of Bristol Investments, Ltd., is the leader in credit bureau data access and retrieval, providing credit, collection and data sources. MicroBilt is certified through and provides interfaces with the three consumer bureaus, Equifax (NYSE:EFX), Experian (London Stock Exchange:GUS) and Trans Union and the two commercial bureaus, D&B and Experian Business as well as eFunds (NYSE:EFD) Corporation and Choicepoint (NYSE:CPS). This data access is available via the Internet at www.CreditCommander.com, a systems integration tool kit, dedicated terminals and dial-up software. The company also enables web sites to enhance their content offerings by delivering a CreditCommander.com private label site to their established online communities. Private company information along with knowledge-based analytical tools and information services is available through Integra Information, a division of MicroBilt. MicroBilt maintains offices in Georgia and New Jersey. For more information, visit www.MicroBilt.com or call 1-800-884-4747.

    About Fair Isaac

    Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The company's predictive modeling, decision analysis, intelligence management, decision management systems and consulting services power billions of mission-critical customer decisions each year. Founded in 1956, Fair Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce fraud and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair Isaac solutions, as do insurers, retailers, telecommunications providers, healthcare organizations and government agencies. Through the www.myFICO.com Web site, consumers use the company's FICO(R) scores, the standard measure of credit risk, to manage their financial health. For more information on FICO Expansion scores, visit www.ficoexpansionscore.com.

    Statement Concerning Forward-Looking Information

    Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its FICO Expansion score product offering and the benefits to be derived from this offering, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including any unforeseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2004, and quarterly report on Form 10-Q for the period ended December 31, 2004. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.

    Fair Isaac, FICO and FICO Expansion are trademarks or registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries. Other product and company names herein may be the trademarks of their respective owners.

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CONTACT: Fair Isaac Corporation John Emerick, 800-213-5542 (Investors/Analysts) investor@fairisaac.com Craig Watts, 415-492-5399 (Media) craigwatts@fairisaac.com or MicroBilt Corporation Kathleen J. Houseman, 770-218-4681 (Media) Kathleen_Houseman@microbilt.com

KEYWORD: MINNESOTA INDUSTRY KEYWORD: BANKING REAL ESTATE BUILDING/CONSTRUCTION SOURCE: Fair Isaac Corporation

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